This document summarizes Finning International's presentation at an investor conference. Finning is the world's largest Caterpillar dealer, generating most of its revenue from equipment sales, product support, parts, and rentals. It expects continued strong demand for product support due to aging equipment fleets. While cautious on equipment sales, Finning aims to grow through expanding product offerings and market share. Financial priorities include improving margins, maintaining a high return on equity, and strengthening its balance sheet.
This document provides an overview of Finning International Inc. for investors. Finning is the world's largest Caterpillar dealer, operating in Canada, South America, and Europe. It generates revenue primarily from mining, construction, and power systems industries. The document discusses Finning's market position and growth strategy, which involves achieving operational excellence, global solutions leadership, and strategic acquisitions to become Caterpillar's best global partner by 2015. It also notes Finning's focus on safety and customer service.
Finning toronto & montreal presentation sep 12 to 14, 2012_websiteFinningInternational
This document provides an investor presentation by Finning International Inc., which is the world's largest Caterpillar dealer. The summary includes:
1) Finning operates in Canada, South America, and the UK/Ireland, employs 15,000 people, and services key industries like mining and construction.
2) Finning's value proposition is providing Caterpillar equipment combined with their unmatched service capabilities to create value for customers.
3) Finning has a strong core business in product support and aims to drive operational excellence, complete acquisitions, and achieve earnings growth targets.
1) Mike Waites, President and CEO of Finning International Inc., presented at an investor presentation on March 21, 2012.
2) Finning is the world's largest Caterpillar dealer, operating in Canada, South America, and the UK/Ireland with over 13,500 employees.
3) The presentation provided an overview of Finning's business segments, markets, financial results, and growth strategy to become Caterpillar's best global partner by 2015 through operational excellence, leadership, and acquisitions.
This document provides a summary of a presentation given by Dave Smith, EVP & CFO of Finning International Inc., at the Raymond James Infrastructure & Construction Conference on May 23, 2012. The summary includes information on Finning's strategic priorities, outlook, and growth opportunities, as well as details on its Bucyrus acquisition and projections for mining fleet growth in Canada and South America through 2016. Forward-looking statements are provided but are subject to various risks and uncertainties that could cause actual results to differ from expectations.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services 2...finance8
This document provides a summary of GMAC's preliminary second quarter 2007 earnings results. Key points include:
- Net income of $293 million, down from $787 million in Q2 2006. Excluding ResCap, net income doubled year-over-year.
- ResCap results improved due to reducing nonprime exposure and production, though credit quality continues to weaken with the housing market.
- Auto finance continues to perform well with improving margins and originations up.
- Insurance had favorable underwriting results.
- GMAC and ResCap maintain strong liquidity positions with $17.5 billion in cash and marketable securities.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services U...finance8
This document is the transcript from a fixed income investor presentation given by Sanjiv Khattri, Executive Vice President and Chief Financial Officer of GMAC. The presentation summarizes GMAC's financial performance in Q2 2007, including details on results from their auto finance, insurance, and Residential Capital (ResCap) business segments. It provides key metrics on ResCap's mortgage portfolios and credit quality, noting continued challenges from the weak US housing market.
This document summarizes a presentation given by Paul Cutler, Treasurer of FPL Group, Inc. and Mike O'Sullivan, Senior Vice President of NextEra Energy Resources at the 2009 Credit Suisse Energy Summit on February 3, 2009. The presentation discusses FPL Group's position as a leading U.S. power company with a focus on clean energy. It highlights the company's strong financial position and credit ratings. It also discusses opportunities for growth in the U.S. wind and solar markets and how FPL Group is well positioned to benefit from policy shifts supporting low-carbon energy development.
This document summarizes Chevron's fourth quarter 2008 earnings conference call. It discusses Chevron's Q4 2008 earnings of $4.9 billion and earnings per share of $2.44. It also provides details on Chevron's 2008 return on capital employed, debt ratio, and share repurchases. The document reviews Chevron's Q4 2008 earnings performance across its upstream, downstream, and other segments and discusses its 2009 capital and exploratory budget and production outlook.
This document provides an overview of Finning International Inc. for investors. Finning is the world's largest Caterpillar dealer, operating in Canada, South America, and Europe. It generates revenue primarily from mining, construction, and power systems industries. The document discusses Finning's market position and growth strategy, which involves achieving operational excellence, global solutions leadership, and strategic acquisitions to become Caterpillar's best global partner by 2015. It also notes Finning's focus on safety and customer service.
Finning toronto & montreal presentation sep 12 to 14, 2012_websiteFinningInternational
This document provides an investor presentation by Finning International Inc., which is the world's largest Caterpillar dealer. The summary includes:
1) Finning operates in Canada, South America, and the UK/Ireland, employs 15,000 people, and services key industries like mining and construction.
2) Finning's value proposition is providing Caterpillar equipment combined with their unmatched service capabilities to create value for customers.
3) Finning has a strong core business in product support and aims to drive operational excellence, complete acquisitions, and achieve earnings growth targets.
1) Mike Waites, President and CEO of Finning International Inc., presented at an investor presentation on March 21, 2012.
2) Finning is the world's largest Caterpillar dealer, operating in Canada, South America, and the UK/Ireland with over 13,500 employees.
3) The presentation provided an overview of Finning's business segments, markets, financial results, and growth strategy to become Caterpillar's best global partner by 2015 through operational excellence, leadership, and acquisitions.
This document provides a summary of a presentation given by Dave Smith, EVP & CFO of Finning International Inc., at the Raymond James Infrastructure & Construction Conference on May 23, 2012. The summary includes information on Finning's strategic priorities, outlook, and growth opportunities, as well as details on its Bucyrus acquisition and projections for mining fleet growth in Canada and South America through 2016. Forward-looking statements are provided but are subject to various risks and uncertainties that could cause actual results to differ from expectations.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services 2...finance8
This document provides a summary of GMAC's preliminary second quarter 2007 earnings results. Key points include:
- Net income of $293 million, down from $787 million in Q2 2006. Excluding ResCap, net income doubled year-over-year.
- ResCap results improved due to reducing nonprime exposure and production, though credit quality continues to weaken with the housing market.
- Auto finance continues to perform well with improving margins and originations up.
- Insurance had favorable underwriting results.
- GMAC and ResCap maintain strong liquidity positions with $17.5 billion in cash and marketable securities.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services U...finance8
This document is the transcript from a fixed income investor presentation given by Sanjiv Khattri, Executive Vice President and Chief Financial Officer of GMAC. The presentation summarizes GMAC's financial performance in Q2 2007, including details on results from their auto finance, insurance, and Residential Capital (ResCap) business segments. It provides key metrics on ResCap's mortgage portfolios and credit quality, noting continued challenges from the weak US housing market.
This document summarizes a presentation given by Paul Cutler, Treasurer of FPL Group, Inc. and Mike O'Sullivan, Senior Vice President of NextEra Energy Resources at the 2009 Credit Suisse Energy Summit on February 3, 2009. The presentation discusses FPL Group's position as a leading U.S. power company with a focus on clean energy. It highlights the company's strong financial position and credit ratings. It also discusses opportunities for growth in the U.S. wind and solar markets and how FPL Group is well positioned to benefit from policy shifts supporting low-carbon energy development.
This document summarizes Chevron's fourth quarter 2008 earnings conference call. It discusses Chevron's Q4 2008 earnings of $4.9 billion and earnings per share of $2.44. It also provides details on Chevron's 2008 return on capital employed, debt ratio, and share repurchases. The document reviews Chevron's Q4 2008 earnings performance across its upstream, downstream, and other segments and discusses its 2009 capital and exploratory budget and production outlook.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services C...finance8
The document provides a financial update from GMAC's Executive Vice President and CFO for the first quarter of 2007. It summarizes key performance metrics, including a net loss of $305 million compared to net income of $495 million in Q1 2006, driven by pressures in the residential mortgage market. It also discusses GMAC's continued strong auto finance performance and insurance earnings. ResCap maintained strong liquidity but faced credit issues in nonprime lending.
Paul Huck presented Air Products' performance in fiscal year 2008. Key points include:
- Sales were $10.4 billion, up 14% from the prior year, with continued double-digit earnings growth.
- The company has a diverse portfolio across markets and geographies.
- Air Products aims to deliver profitable growth through long-term contracts, new investments, and margin improvement initiatives. The goal is 17% operating margins by 2010.
- Business segments like Merchant Gases, Electronics, and Tonnage Gases saw solid growth and improving returns in 2008 and the outlook for 2009 and beyond remains positive.
The document is a presentation by Dana Limited given at the JP Morgan Harbour Auto Conference on August 13, 2008. It summarizes Dana's financial performance in the first half of 2008, which saw declining sales volume in North America offset somewhat by growth in selected global markets. It also discusses Dana's strategies for navigating the turbulent North American auto market, which include operational excellence initiatives, cost reductions, and rightsizing their organization. Dana ended the first half of 2008 with strong liquidity and minimal net debt.
Celanese held a conference call to discuss its fourth quarter 2005 earnings. Key highlights included strong underlying business results driven by higher pricing and demand. The company also provided an outlook for 2006, forecasting adjusted EPS between $2.50-$2.90. Significant contributions continue to come from equity and cost investments, which paid $154 million in dividends for full-year 2005, up from $77 million in 2004. Capitalization was also discussed, with net debt of $3.047 billion as of December 31, 2005.
air products & chemicals 16 May 2007 Goldman Sachsfinance26
- Mike Hilton is the VP/GM of Electronics and Performance Materials at Goldman Sachs. He presents an overview of Air Products' business segments and financial performance.
- Air Products has seen consecutive years of sales growth and increasing earnings per share. The company aims to achieve an ORONA (operating return on net assets) of 12.5% through profitable growth initiatives.
- Key growth areas include major investment projects in Tonnage Gases, liquefied natural gas equipment, and expanding markets in Asia for Merchant Gases and Electronics. The presentation provides segment-level details on financial performance and growth strategies.
- Dana Holding Corporation presented financial results for the second quarter and first half of 2008 at the Credit Suisse 2008 Global Automotive Conference.
- For the first half of 2008, Dana reported sales of $4.6 billion, a 5% increase over the previous year, though earnings were impacted by higher steel costs and lower volumes in North America.
- Dana expected weaker financial results in the second half of 2008 compared to the first half due to anticipated volume declines in North America and continued high steel costs. However, the company had taken actions to reduce costs and improve operational efficiency.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services A...finance8
The document summarizes a presentation given by Sanjiv Khattri, Executive Vice President and CFO of GMAC, to fixed income investors on May 15, 2007. It discusses GMAC's first quarter 2007 performance, with a net loss of $305 million compared to net income of $495 million in first quarter 2006 due to pressures in the US residential mortgage market. It also provides outlooks for ResCap, Auto Finance, and Insurance, discussing strategies to improve performance and mitigate risks. GMAC and its subsidiaries maintained strong liquidity with $13 billion in cash and securities.
Sanjiv Khattri, Executive Vice President and CFO – GMAC Financial Services M...finance8
The document summarizes a presentation given by Sanjiv Khattri, CFO of GM, at a 2006 GM/GMAC conference. It discusses GMAC's financial performance in 2005 and Q1 2006, highlighting strong net income and return on equity. It also outlines GMAC's strong liquidity position, evolution of its US term funding, and components of GM's planned sale of a 51% controlling stake in GMAC to a consortium led by Cerberus Capital.
2006 GM/GMAC Global Relationship Bank Conference Fritz Henderson, Vice Chairm...finance8
This document provides a summary of GM's financial results for the first quarter of 2006. It reported an adjusted net loss of $529 million compared to a loss of $988 million in the first quarter of 2005. Improved results were driven by higher production volumes, better pricing, and profitability in Europe, Latin America, and other regions. However, results included a $681 million after-tax charge for GM's contribution to a retiree healthcare trust. North America continued its restructuring efforts and saw improved pricing, but still reported a loss due to the healthcare charge.
The document summarizes JBS's consolidated results for 2008. It shows that JBS reduced its net debt to EBITDA ratio from 3.74x in 2007 to 1.95x in 2008 through an intense deleveraging process. Net revenue increased 114.5% to R$30.3 billion while EBITDA grew 95.6% to R$1.156 billion. JBS also proposed a threefold increase in dividend distribution to R$51.1 million. The company integrated several major acquisitions to grow its global production platform.
- Pepco Holdings, Inc. reported on its 2006 financial and operational performance in its annual report and proxy statement. It noted lower earnings compared to 2005 due to mild weather but continued growth in shareholder value.
- Key accomplishments in 2006 included implementing balanced rate mitigation plans, filing rate cases to cover increased delivery costs, proposing a major transmission line project, agreeing to sell remaining regulated generation assets, and achieving strong performance in wholesale energy and retail energy businesses.
- Looking ahead, the company plans to focus on growth through regulatory outcomes, infrastructure investments, environmental leadership programs, and improving wholesale energy market conditions.
- Dana Holding Corporation held an earnings conference call to discuss financial results for the third quarter of 2008
- Net sales for Q3 2008 were $1.929 billion, down from $2.130 billion in Q3 2007, due to lower production volumes in North America and higher steel costs
- The company reported a net loss of $271 million for Q3 2008 compared to a net loss of $69 million for Q3 2007
- Dana plans further restructuring actions in 2009-2010, including closing up to 10 plants and reducing its workforce by an additional 2,000-3,000 employees
This document is a presentation by Bill Johnson, Chairman and CEO of Progress Energy, given at the EEI Financial Conference in Phoenix, AZ on November 11, 2008. The presentation provides an overview of Progress Energy, including its strategic focus on achieving long-term annual EPS growth of 4-5%, pursuing a balanced solution to secure the energy future, and sustaining financial strength during nuclear construction. It also discusses Progress Energy's regulated utilities, major capital projects, regulatory updates, and long-term financial objectives.
This document summarizes Mike Hilton's presentation at the Bank of America 37th Annual Investment Conference on September 18, 2007. The presentation provides an overview of Air Products, including its business segments, value proposition through long-term contracts and consistent cash flows, growth strategies focused on volume increases and productivity gains, and financial performance targets of 10-15% EPS growth through market expansion and margin improvements. Hilton commits to achieving an ORONA of 12.5% for fiscal year 2007 and outlines further growth opportunities in large projects, new markets, and productivity initiatives to drive sustainable double-digit returns.
Celanese held an Investor Day on December 13, 2006 in New York City. Celanese is a leading global chemical company with estimated 2006 revenue of $6.7 billion and operating EBITDA of $1.2 billion. Between 2000-2006, Celanese focused on strengthening its portfolio by investing in specialty businesses and divesting non-core assets. Celanese aims to continue growing earnings between 2007-2010 by expanding in Asia, growing downstream specialties, and organizational alignment to address growth opportunities.
This document is Textron's 1999 Annual Report. The key points are:
1) Textron achieved record financial results in 1999 with revenues increasing 20% to $11.6 billion and earnings per share increasing 51%.
2) Textron's four business segments - Aircraft, Automotive, Industrial, and Finance - saw strong growth and profitability in 1999.
3) Textron is focused on consistent growth through strategic investments, acquisitions, driving operational excellence, and leveraging e-business.
The document summarizes Lear Corporation's second quarter 2008 financial results and outlook for 2008. Key points include:
- Second quarter core operating earnings were $164 million, though down from the previous year due to challenging business conditions in North America.
- Full-year 2008 core operating earnings forecast was lowered to $550-600 million based on lower expected North American auto production.
- Restructuring actions benefited results but challenges from high material costs and production declines persisted from the difficult business environment.
- Liquidity was maintained through 2012 with debt refinancing completed in July 2008.
This document is Celanese Corporation's 2005 Annual Report. Some key points:
- In 2005, Celanese had net sales of $6.1 billion, up 22% from the previous year, and continued accelerating growth and profitability.
- Notable achievements in 2005 included completing an IPO, acquiring two companies, expanding in China, restructuring a segment, continuing portfolio optimization, and lowering costs.
- Celanese identified six key drivers to increase shareholder value: utilizing its hybrid business structure, leading in attractive industries, strengthening its global presence, leveraging opportunities to accelerate growth and increase productivity, generating significant cash flow, and strategic acquisitions.
- Celanese will continue building on
Pleated panel filters are used as prefilters to arrest large dust particles and other contaminants before they reach further filtration stages. They are classified based on their efficiency ratings and can remove particles down to 10 microns in size. These filters are suitable for a variety of applications including clean rooms, electronics manufacturing, and HVAC systems as a prefilter. They are available in various sizes, materials, and pressure drop and flow rate specifications.
The document describes the Bossmanfilter BEX-Series shell and tube heat exchangers. The system consists of two pressure chambers separated by an internal tube wall, with one medium flowing through the shell and the other through the tubes. Baffles control shell flow to maximize cross-flow over the tubes. The heat exchangers can be used for industrial applications requiring stringent heat transfer, such as cooling fluids in various industries. Features include high efficiency, low pressure drop, and easy maintenance.
Este documento resume los principales sistemas operativos y procesadores. Cubre sistemas operativos gratuitos como Ubuntu y de costo como Windows, y compara ventajas y desventajas de Windows y Linux. También explica diferentes tipos de procesadores como Pentium, AMD y Cyrix, y cómo se miden sus velocidades en megahertz.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services C...finance8
The document provides a financial update from GMAC's Executive Vice President and CFO for the first quarter of 2007. It summarizes key performance metrics, including a net loss of $305 million compared to net income of $495 million in Q1 2006, driven by pressures in the residential mortgage market. It also discusses GMAC's continued strong auto finance performance and insurance earnings. ResCap maintained strong liquidity but faced credit issues in nonprime lending.
Paul Huck presented Air Products' performance in fiscal year 2008. Key points include:
- Sales were $10.4 billion, up 14% from the prior year, with continued double-digit earnings growth.
- The company has a diverse portfolio across markets and geographies.
- Air Products aims to deliver profitable growth through long-term contracts, new investments, and margin improvement initiatives. The goal is 17% operating margins by 2010.
- Business segments like Merchant Gases, Electronics, and Tonnage Gases saw solid growth and improving returns in 2008 and the outlook for 2009 and beyond remains positive.
The document is a presentation by Dana Limited given at the JP Morgan Harbour Auto Conference on August 13, 2008. It summarizes Dana's financial performance in the first half of 2008, which saw declining sales volume in North America offset somewhat by growth in selected global markets. It also discusses Dana's strategies for navigating the turbulent North American auto market, which include operational excellence initiatives, cost reductions, and rightsizing their organization. Dana ended the first half of 2008 with strong liquidity and minimal net debt.
Celanese held a conference call to discuss its fourth quarter 2005 earnings. Key highlights included strong underlying business results driven by higher pricing and demand. The company also provided an outlook for 2006, forecasting adjusted EPS between $2.50-$2.90. Significant contributions continue to come from equity and cost investments, which paid $154 million in dividends for full-year 2005, up from $77 million in 2004. Capitalization was also discussed, with net debt of $3.047 billion as of December 31, 2005.
air products & chemicals 16 May 2007 Goldman Sachsfinance26
- Mike Hilton is the VP/GM of Electronics and Performance Materials at Goldman Sachs. He presents an overview of Air Products' business segments and financial performance.
- Air Products has seen consecutive years of sales growth and increasing earnings per share. The company aims to achieve an ORONA (operating return on net assets) of 12.5% through profitable growth initiatives.
- Key growth areas include major investment projects in Tonnage Gases, liquefied natural gas equipment, and expanding markets in Asia for Merchant Gases and Electronics. The presentation provides segment-level details on financial performance and growth strategies.
- Dana Holding Corporation presented financial results for the second quarter and first half of 2008 at the Credit Suisse 2008 Global Automotive Conference.
- For the first half of 2008, Dana reported sales of $4.6 billion, a 5% increase over the previous year, though earnings were impacted by higher steel costs and lower volumes in North America.
- Dana expected weaker financial results in the second half of 2008 compared to the first half due to anticipated volume declines in North America and continued high steel costs. However, the company had taken actions to reduce costs and improve operational efficiency.
Sanjiv Khattri, Executive Vice President and CFO of GMAC Financial Services A...finance8
The document summarizes a presentation given by Sanjiv Khattri, Executive Vice President and CFO of GMAC, to fixed income investors on May 15, 2007. It discusses GMAC's first quarter 2007 performance, with a net loss of $305 million compared to net income of $495 million in first quarter 2006 due to pressures in the US residential mortgage market. It also provides outlooks for ResCap, Auto Finance, and Insurance, discussing strategies to improve performance and mitigate risks. GMAC and its subsidiaries maintained strong liquidity with $13 billion in cash and securities.
Sanjiv Khattri, Executive Vice President and CFO – GMAC Financial Services M...finance8
The document summarizes a presentation given by Sanjiv Khattri, CFO of GM, at a 2006 GM/GMAC conference. It discusses GMAC's financial performance in 2005 and Q1 2006, highlighting strong net income and return on equity. It also outlines GMAC's strong liquidity position, evolution of its US term funding, and components of GM's planned sale of a 51% controlling stake in GMAC to a consortium led by Cerberus Capital.
2006 GM/GMAC Global Relationship Bank Conference Fritz Henderson, Vice Chairm...finance8
This document provides a summary of GM's financial results for the first quarter of 2006. It reported an adjusted net loss of $529 million compared to a loss of $988 million in the first quarter of 2005. Improved results were driven by higher production volumes, better pricing, and profitability in Europe, Latin America, and other regions. However, results included a $681 million after-tax charge for GM's contribution to a retiree healthcare trust. North America continued its restructuring efforts and saw improved pricing, but still reported a loss due to the healthcare charge.
The document summarizes JBS's consolidated results for 2008. It shows that JBS reduced its net debt to EBITDA ratio from 3.74x in 2007 to 1.95x in 2008 through an intense deleveraging process. Net revenue increased 114.5% to R$30.3 billion while EBITDA grew 95.6% to R$1.156 billion. JBS also proposed a threefold increase in dividend distribution to R$51.1 million. The company integrated several major acquisitions to grow its global production platform.
- Pepco Holdings, Inc. reported on its 2006 financial and operational performance in its annual report and proxy statement. It noted lower earnings compared to 2005 due to mild weather but continued growth in shareholder value.
- Key accomplishments in 2006 included implementing balanced rate mitigation plans, filing rate cases to cover increased delivery costs, proposing a major transmission line project, agreeing to sell remaining regulated generation assets, and achieving strong performance in wholesale energy and retail energy businesses.
- Looking ahead, the company plans to focus on growth through regulatory outcomes, infrastructure investments, environmental leadership programs, and improving wholesale energy market conditions.
- Dana Holding Corporation held an earnings conference call to discuss financial results for the third quarter of 2008
- Net sales for Q3 2008 were $1.929 billion, down from $2.130 billion in Q3 2007, due to lower production volumes in North America and higher steel costs
- The company reported a net loss of $271 million for Q3 2008 compared to a net loss of $69 million for Q3 2007
- Dana plans further restructuring actions in 2009-2010, including closing up to 10 plants and reducing its workforce by an additional 2,000-3,000 employees
This document is a presentation by Bill Johnson, Chairman and CEO of Progress Energy, given at the EEI Financial Conference in Phoenix, AZ on November 11, 2008. The presentation provides an overview of Progress Energy, including its strategic focus on achieving long-term annual EPS growth of 4-5%, pursuing a balanced solution to secure the energy future, and sustaining financial strength during nuclear construction. It also discusses Progress Energy's regulated utilities, major capital projects, regulatory updates, and long-term financial objectives.
This document summarizes Mike Hilton's presentation at the Bank of America 37th Annual Investment Conference on September 18, 2007. The presentation provides an overview of Air Products, including its business segments, value proposition through long-term contracts and consistent cash flows, growth strategies focused on volume increases and productivity gains, and financial performance targets of 10-15% EPS growth through market expansion and margin improvements. Hilton commits to achieving an ORONA of 12.5% for fiscal year 2007 and outlines further growth opportunities in large projects, new markets, and productivity initiatives to drive sustainable double-digit returns.
Celanese held an Investor Day on December 13, 2006 in New York City. Celanese is a leading global chemical company with estimated 2006 revenue of $6.7 billion and operating EBITDA of $1.2 billion. Between 2000-2006, Celanese focused on strengthening its portfolio by investing in specialty businesses and divesting non-core assets. Celanese aims to continue growing earnings between 2007-2010 by expanding in Asia, growing downstream specialties, and organizational alignment to address growth opportunities.
This document is Textron's 1999 Annual Report. The key points are:
1) Textron achieved record financial results in 1999 with revenues increasing 20% to $11.6 billion and earnings per share increasing 51%.
2) Textron's four business segments - Aircraft, Automotive, Industrial, and Finance - saw strong growth and profitability in 1999.
3) Textron is focused on consistent growth through strategic investments, acquisitions, driving operational excellence, and leveraging e-business.
The document summarizes Lear Corporation's second quarter 2008 financial results and outlook for 2008. Key points include:
- Second quarter core operating earnings were $164 million, though down from the previous year due to challenging business conditions in North America.
- Full-year 2008 core operating earnings forecast was lowered to $550-600 million based on lower expected North American auto production.
- Restructuring actions benefited results but challenges from high material costs and production declines persisted from the difficult business environment.
- Liquidity was maintained through 2012 with debt refinancing completed in July 2008.
This document is Celanese Corporation's 2005 Annual Report. Some key points:
- In 2005, Celanese had net sales of $6.1 billion, up 22% from the previous year, and continued accelerating growth and profitability.
- Notable achievements in 2005 included completing an IPO, acquiring two companies, expanding in China, restructuring a segment, continuing portfolio optimization, and lowering costs.
- Celanese identified six key drivers to increase shareholder value: utilizing its hybrid business structure, leading in attractive industries, strengthening its global presence, leveraging opportunities to accelerate growth and increase productivity, generating significant cash flow, and strategic acquisitions.
- Celanese will continue building on
Pleated panel filters are used as prefilters to arrest large dust particles and other contaminants before they reach further filtration stages. They are classified based on their efficiency ratings and can remove particles down to 10 microns in size. These filters are suitable for a variety of applications including clean rooms, electronics manufacturing, and HVAC systems as a prefilter. They are available in various sizes, materials, and pressure drop and flow rate specifications.
The document describes the Bossmanfilter BEX-Series shell and tube heat exchangers. The system consists of two pressure chambers separated by an internal tube wall, with one medium flowing through the shell and the other through the tubes. Baffles control shell flow to maximize cross-flow over the tubes. The heat exchangers can be used for industrial applications requiring stringent heat transfer, such as cooling fluids in various industries. Features include high efficiency, low pressure drop, and easy maintenance.
Este documento resume los principales sistemas operativos y procesadores. Cubre sistemas operativos gratuitos como Ubuntu y de costo como Windows, y compara ventajas y desventajas de Windows y Linux. También explica diferentes tipos de procesadores como Pentium, AMD y Cyrix, y cómo se miden sus velocidades en megahertz.
This document contains 11 assignment questions about Apple Inc. in 2008 that analyze various aspects of the company's strategy and performance. The questions address: 1) Steve Jobs' performance as CEO, 2) the elements of Apple's strategy and how well they fit together, 3) whether competing in computers, music players and phones makes strategic sense, 4) comparing competition in computers vs music players, 5) Apple's competitive strengths vs PC leaders, 6) Apple's competitive strengths vs music player competitors, 7) Apple's financial performance, 8) why Apple succeeded in phones/music but not computers, 9) if Apple's computer strategy can compete with Dell/HP, 10) if Apple's iPod strategy ensures leadership, and 11)
This short document does not provide enough context or information to generate an accurate 3 sentence summary. No main topics, events or essential details are included in the given text to summarize.
Altrex produces high-quality ladders and safety equipment for working at heights, including two ladders designed for the wind industry. The Everest ladder is made of aluminum with robust box profiles and anti-slip rungs, while the Himalaya ladder uses lightweight I-shaped beams. Both ladders are available in various sizes from 2.8 to 30+ meters and can be used with lifts and accessories for mounting, connections, and fall protection. Altrex aims to ensure safety, quality, and compliance with standards through innovation, engineering expertise, and an emphasis on training.
This document provides commentary on Genesis 49, which describes Jacob blessing his 12 sons before his death. The commentary discusses:
1) The poetic and prophetic nature of Jacob's blessings, which foretell the future roles and characteristics of the 12 tribes of Israel.
2) Questions about whether every detail was fulfilled, the purpose of the prophecies for the sons, and what can be learned from them.
3) Different perspectives on the blessings from authors like Leupold, who notes elements of poetic excellence and that the blessings were a father's counsel and encouragement for his sons.
This document contains 11 assignment questions about Apple Inc. in 2008 that analyze various aspects of the company's strategy and performance. The questions address: 1) Steve Jobs' performance as CEO, 2) the elements of Apple's strategy and how well they fit together, 3) whether competing in computers, music players and phones makes strategic sense, 4) comparing competition in computers vs music players, 5) Apple's competitive strengths vs PC leaders, 6) Apple's competitive strengths vs music player competitors, 7) Apple's financial performance, 8) reasons for Apple's success in phones/music but weakness in computers, 9) strength of Apple's computer strategy, 10) capability of iPod strategy to remain #1 in music players, 11
El documento habla sobre ecuaciones y su definición como una igualdad entre dos expresiones denominadas miembros. Explica que las incógnitas se ubican en el miembro de la derecha y los números enteros en el miembro de la izquierda. Además, menciona que al cambiar de lado la igualdad se debe colocar el signo contrario.
The document describes a Bossmanfilter B3000 Series Duplex Basket Strainer/Filter. It is available in sizes from 1-24 inches for pressures up to 600 PSIG, with materials including carbon steel, 304 stainless steel, and 316 stainless steel. It features quick-opening covers, perforated 304 stainless steel screens, and is constructed according to ASME standards with options for flange styles and materials.
Flat Stanley
First published in Great Britain 1968
by Methuem & Co. Ltd
Reissued 2003
by Egmont Books Limited
239 Kensington High Street, London W8 6SA
This document provides information on the Bossmanfilter B2000 series offset single basket strainer. Key details include:
- The strainer screens are made of 1/8" perforated stainless steel and come in various sizes from 2" to 24".
- Construction meets ASME standards and units can be fabricated with various flange styles, welded connections, and materials.
- The strainer is available in sizes from 4" to 48" and larger custom sizes are possible.
- Optional features include quick-opening covers, special screen materials/coatings, and different inlet/outlet configurations.
The document describes different types of temporary strainers used for pipeline filtration including basket, conical, and plate configurations. It provides details on construction materials, available sizes from 3/4" to 48", and filtration down to 40 microns. Dimension tables list length, diameter, and flange specifications for the strainers.
El documento habla sobre los valores y su importancia en la sociedad. Explica que los valores nos guían a tomar decisiones correctas y a mejorar como personas. Menciona valores específicos como la generosidad, la empatía y la honestidad, y cómo estos valores serán importantes en su trabajo futuro para ayudar a los demás de manera ética. Concluye que los valores nos permiten superarnos a nosotros mismos y alcanzar nuestros objetivos si perseveramos en aplicarlos.
The Maya Declaration is the first global and measurable set of commitments by developing and emerging country governments to increase financial inclusion of the 2.5 billion poorest people through greater access to financial services. Over 80 institutions representing over 75% of the world's unbanked have endorsed the Declaration, which includes commitments in areas like enabling technology, proportional regulations, consumer protections, and data-driven policymaking. Signatories agree to set their own targets to expand inclusion in line with core values of self-determination, peer knowledge sharing, and new forms of international cooperation. The Alliance for Financial Inclusion provides support for institutions to achieve their commitments and track progress towards the goals of the Maya Declaration.
This document provides statistics on surgical indicators for the Hospital Nacional “Almanzor Aguinaga Asenjo” for January-June 2012 and January-June 2013. It includes data on number of surgeries, consultations, doctor hours, concentration of patients, and hospital discharges for various surgical services such as general surgery, thoracic surgery, trauma, and more. Overall, the number of surgeries and consultations saw a small decrease from 2012 to 2013, while performance indicators like doctor hours and patient concentration remained stable or increased slightly.
The document discusses Finning Canada's strategic priorities and market outlook. It aims to advance operational excellence, leverage investments, grow market share, and improve EBIT margins. For mining, customers are under pressure to reduce costs while product support is expected to remain active. Heavy construction and forestry are expected to see solid activity levels. Power systems face softness in conventional oil and gas but strength in other areas. The company provides mining support through several facilities across Western Canada, including an OEM remanufacturing center.
This investor presentation provides an overview of Finning International's OEM remanufacturing business. Finning is the world's largest Caterpillar dealer, offering new and used equipment sales, product support, parts, and equipment rental across key regions including Canada, South America, and the UK/Ireland. The presentation discusses financial outlook, regional market updates, and highlights Finning's OEM remanufacturing facility in Canada, which focuses on remanufacturing parts for mining and heavy construction equipment to like-new condition using advanced salvage and testing technologies.
This investor presentation provides an overview of Finning International Inc., which is the world's largest Caterpillar dealer. Finning operates in Canada, South America, and the UK/Ireland, serving key industries like mining, construction, and power systems. The presentation discusses Finning's revenue profile, with about half coming from new equipment sales, a third from product support, and the rest from rentals and used equipment. Mining makes up a major portion of both Finning's product support and new equipment sales revenue.
Finning International is a Caterpillar dealer operating in 7 countries. It provides equipment, parts, and services. The presentation discusses challenging macroeconomic conditions for mining and construction customers. Finning is taking decisive actions to reduce costs, improve operations through its service excellence plan, and maintain profitability during lower activity. Actions include workforce reductions, sustainable SG&A cuts, and asset utilization. Finning generated over $1B in free cash flow in the last 11 quarters and expects strong free cash flow in 2015.
- Revenues in 2013 expected to be modestly higher than 2012 but at low end of 0-10% range due to lower mining equipment sales from soft market conditions. Product support expected to continue growing.
- Q2 2013 results showed revenue decline of 8% but gross profit and EBIT margin improvements. Net income up 5% and free cash flow turned positive after being negative in Q2 2012.
- Mining activity softening in Canada and South America is impacting equipment sales and support growth. Construction and non-mining presents opportunities. UK facing macroeconomic challenges in construction and coal mining.
The document is an investor presentation by Finning International Inc., which is the world's largest Caterpillar dealer. It discusses Finning's business outlook, financial results, growth strategy and priorities. Specifically, it summarizes Finning's operations, markets, 2011 financial performance, acquisition of the Bucyrus distribution business, goals to improve profitability and integrate acquisitions, and positive market outlook across regions. The presentation provides an overview of Finning for investors through concise discussion of its business, strategy and future expectations.
1) Mike Waites, President and CEO of Finning International Inc., presented at the CIBC Whistler Institutional Investor Conference on January 19, 2012.
2) Finning is well positioned for growth as the exclusive Caterpillar dealer in resource-rich territories with unmatched product support capabilities.
3) Waites discussed Finning's strategic priorities to become CAT's best global partner, including operational excellence, sales and solutions growth, and safety. He also outlined expectations to meet financial commitments around revenue growth, improved operating leverage, and investing to maintain competitive advantage.
1) The fund has recently underperformed its category benchmark due to cyclical downturns in mid-cap stocks it holds and certain stocks dragging performance. However, the fund manager believes current underperformance may be cyclical and recovery could follow as with past periods.
2) The fund's portfolio consists of many category-leading companies with strong long-term growth potential. While some sectors and stocks have faced short-term issues, the fund manager believes their quality and market positions provide long-term alpha potential.
3) The fund manager continues evaluating the portfolio based on their investment framework, exiting positions where warranted but also adding to cyclically downturn stocks with good long-term prospects trading at attractive valuations now
The document summarizes an investor meeting held by Finning Canada on December 15, 2015 in Fort McKay. It discusses Finning Canada's transformation of its supply chain network through consolidating distribution centers, reducing touches and lead times. This has improved efficiency and customer service while lowering costs. Safety performance has also improved, with lost time and total recordable injury frequencies decreasing 43% since 2013. The challenging market conditions require Finning Canada to lower costs through workforce reductions and facility closures while positioning itself for future opportunities.
The document summarizes an investor meeting held by Finning Canada on December 15, 2015. It discusses Finning Canada's response to current challenging market conditions including lower commodity prices and weaker demand. Finning Canada has reduced its workforce by 20% in 2015 and accelerated optimization of its facilities footprint. Through decisive actions to navigate the market downturn, Finning Canada aims to maintain profitability and position itself for future growth when market conditions improve.
The document provides an overview of Dynamic Materials Corporation (DMC) and includes cautionary statements about forward-looking projections. It discusses DMC's three business segments, financial highlights, global operations, and competing cladding technologies. DMC is a leading provider of explosion-welded metal plates and has operations in explosive metalworking, oilfield products, and welding. The document reviews DMC's markets, growth strategy, and historical financial and operational performance.
1) The presentation provides an overview of Finning International, the world's largest Caterpillar dealer, operating in 7 countries with over 14,500 employees.
2) It highlights Finning's compelling business model anchored by its product support business, which provides resilient revenue, and its focus on five operational priorities to drive growth.
3) The presentation reviews Finning's financial position and performance in 2014, including maintained profitability in South America during market downturns and solid results in the UK/Ireland, while taking actions to reduce costs in Canada for expected lower activity levels in 2015.
This investor presentation discusses DMC's financial highlights and global business operations. It provides cautionary statements about forward-looking projections and explains how non-GAAP financial measures are used. DMC has three business segments and a diversified customer base. It is the dominant provider of explosion-welded clad metal plates and has a global network of production and sales facilities.
The presentation provides an overview of Finning International's business and recent financial performance. Some key points:
- Finning is the world's largest Caterpillar dealer, operating in Canada, South America and Europe.
- It is focusing on five operational priorities to improve returns: service excellence, supply chain, market leadership, asset utilization and talent management.
- The company has a diversified business across geography and end markets to mitigate volatility. It is also balancing new equipment sales with higher-margin product support.
- In response to downturns in South America and Canada, Finning has reduced costs while maintaining margins and free cash flow generation.
- Finning International is the world's largest Caterpillar dealer, selling and servicing Caterpillar equipment and engines across 7 countries. It is facing macroeconomic challenges from declining commodity prices.
- The company is taking decisive actions to navigate the downturn, including cost reductions, capital discipline, and focusing on improving return on invested capital. These actions have generated over $1 billion in free cash flow in the last 6 quarters.
- Finning is also capturing strategic opportunities, such as acquiring a Caterpillar dealership in Saskatchewan and raising its dividend, while maintaining a very strong balance sheet and credit rating.
1) Finning International is acquiring the operating assets of the Caterpillar dealership in Saskatchewan for $230 million. This will make Finning the approved Caterpillar dealer in the province.
2) The acquisition is immediately accretive to earnings per share and leverages Finning's existing product support infrastructure along the Alberta-Saskatchewan border.
3) It provides opportunities for synergies across Finning's territories in Western Canada through improved equipment availability and seamless customer relationships in Saskatchewan, Alberta, and British Columbia.
The presentation summarizes Finning International's investor presentation from June 2014. It discusses Finning's focus on improving return on invested capital through initiatives to boost profitability, better manage working capital, and increase capital discipline. The presentation also highlights growth opportunities in regions where Finning operates such as increasing oil sands production, potential LNG exports from Western Canada, continued copper growth in Chile, and an economic recovery in the UK.
The document discusses cautionary statements regarding forward-looking information and the use of non-GAAP financial measures in company presentations and reports. It warns that forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. It also states that non-GAAP financial measures should not be considered substitutes for GAAP measures and provides explanations of how management uses such measures to evaluate performance.
This document provides an overview and cautionary statements for DMC's presentation at an industrial conference. It summarizes DMC's business segments, global presence, and financial highlights. The document also cautions readers that DMC's forward-looking statements are based on management's current assessments and involve risks and uncertainties that could cause actual results to differ materially.
The document discusses cautionary statements regarding forward-looking information and the use of non-GAAP financial measures in company presentations and analyses. It notes that forward-looking statements may differ materially from actual results due to various risk factors, and that non-GAAP measures are presented as a supplement to GAAP measures. Management uses non-GAAP measures like EBITDA to evaluate operational performance and generate cash flow, though they are not a substitute for GAAP.
Investor presentation toronto, montreal sep 13-15, 2016_finalFinningInternational
The document summarizes an investor presentation given by Finning International, a heavy equipment company. It discusses Finning's operations in Western Canada, South America, and the UK/Ireland. It outlines the company's restructuring efforts to reduce costs and improve profitability. While market conditions remain soft, Finning is well positioned with a strong balance sheet and free cash flow that will allow it to improve returns when markets recover from current weakness.
- The document is an investor presentation by Finning International, a Caterpillar equipment dealer, providing an overview of the company and its business outlook.
- It discusses Finning's actions to reduce costs and transform operations through workforce reductions, facility closures, and process improvements to maintain profitability in challenging market conditions.
- Finning is focused on strong free cash flow generation, capital discipline, and returning to its target profitability levels through continued cost reductions and operational efficiencies.
- Finning International provides an investor presentation covering their business outlook, strategic priorities, and forward-looking statements for 2016.
- They operate as the world's largest Caterpillar dealer, selling and servicing heavy equipment across Western Canada, South America, and the UK/Ireland.
- While facing a challenging market environment, Finning has taken decisive actions to reduce costs, optimize operations, and maintain a resilient business model focused on consistent EBITDA and strong free cash flow conversion.
- Finning International is the world's largest Caterpillar dealer, selling and servicing Caterpillar equipment and engines in Canada, South America, UK and Ireland.
- In response to downturns, Finning has taken decisive actions like reducing workforce by over 20% in Canada and 16% in South America, closing underperforming locations, and permanently reducing fixed costs through organizational restructuring and process improvements.
- Finning has a resilient business model with consistently strong cash flows, paying dividends at a sustainable rate of 13-19% of EBITDA and generating positive free cash flow even in difficult markets.
This document provides an investor presentation on OEM Remanufacturing from Finning International. It discusses the challenging macro environment facing Finning's mining customers which is putting pressure on capital and operating expenditures. However, Finning is executing on operational priorities to drive costs lower and maintain profitability during the downturn. The OEM Remanufacturing business reduces customers' owning and operating costs through remanufacturing components to like-new condition at 50-75% of new prices.
The document provides an investor update from Finning International, a heavy equipment dealer. It discusses Finning's business outlook and priorities. Finning operates in three regions - Canada, South America, and the UK/Ireland. It aims to grow market share and improve operational efficiencies in areas like service excellence, supply chain management, and talent development. Finning also highlights its response to recent economic downturns, focus on safety, and progress in strengthening its financial position and balance sheet.
1) Finning International is the world's largest Caterpillar dealer, operating in Western Canada, South America, and the UK/Ireland. It sells, rents, and provides parts and services for Caterpillar equipment.
2) Finning has implemented new operational priorities focused on improving return on invested capital, including initiatives around service excellence, supply chain management, market leadership, and asset utilization.
3) The presentation outlines Finning's strategies to improve profitability and reduce costs through these initiatives, with targets of increasing EBIT by $40-60M and inventory turns by 0.5-0.9 over three years. This is expected to enhance return on invested capital.
- The document is an investor presentation by Scott Thomson, President and CEO of Finning, given on March 20, 2014 in Toronto.
- It discusses Finning's business outlook, objectives, and strategic priorities, noting opportunities to improve operating performance and return on invested capital through a focus on costs, working capital management, and capital discipline.
- Key takeaways include focusing on controllable factors to increase profits faster than revenue, improving working capital management, and more disciplined capital investment to materially increase return on invested capital over time.
The document is an investor presentation given by the CFO of Finning International Inc. at an institutional investor conference. It outlines Finning's business model and priorities to improve return on invested capital. Key points include:
- Finning has a compelling business model as the largest Caterpillar dealer with a large equipment population that drives embedded product support growth.
- Priorities around costs, working capital management, and capital investment are aimed at growing profit faster than revenue and improving returns.
- The company sees opportunities to optimize past investments and take a more disciplined approach to capital spending.
- These initiatives are expected to strengthen Finning's balance sheet by lowering debt levels and generating positive free cash flow through
The document provides information for an investor meeting at Finning International. It discusses Finning's focus on driving return on invested capital and outlines some of the key priorities and financial objectives to improve ROIC. These include increasing productivity and operational efficiencies, optimizing capital investments, and improving working capital management. The document also highlights Finning's value proposition as the market leader in desirable regions with a large installed equipment base, and emphasizes the opportunity to improve performance and close the gap with competitors on key metrics like revenue growth, capital turnover, and EBIT margins.
- Finning International provides mining and power systems solutions across Canada, South America, and the UK/Ireland.
- The company has a unique value proposition due to geographic and industry diversification, strong market positions, and a large installed equipment base that drives resilient product support revenue.
- Management is focused on operational excellence, disciplined growth, and balance sheet deleverage to achieve financial targets including sequential EBIT margin expansion, a return on equity over 18%, and strengthening the balance sheet.
The document discusses Finning International's business outlook and priorities. It provides forward-looking statements about expected revenue growth, EBIT margin improvements, free cash flow generation, and a targeted 15% return on equity. Near-term priorities include improving margins in Canada and the UK, capturing growth in mining, construction and power systems, and driving operational excellence. Key growth opportunities include mining product support for oil sands customers.
2. Forward Looking Information
This report contains statements about the Company’s business outlook, objectives, plans, strategic priorities and other statements that are not historical facts. A statement Finning makes is
forward-looking when it uses what the Company knows and expects today to make a statement about the future. Forward-looking statements may include words such as aim, anticipate,
assumption, believe, could, expect, goal, guidance, intend, may, objective, outlook, plan, project, seek, should, strategy, strive, target, and will. Forward-looking statements in this report
include, but are not limited to, statements with respect to: expectations with respect to the economy and associated impact on the Company’s financial results; expected revenue and SG&A
levels and EBIT growth; anticipated generation of free cash flow (including projected net capital and rental expenditures), and its expected use; anticipated defined benefit plan contributions;
the expected target range of the Company’s Debt Ratio; the impact of new and revised IFRS that have been issued but are not yet effective; growth prospects for the former Bucyrus
business acquired by the Company in Finning’s dealership territories (Bucyrus) and the competitive advantages of the business being acquired; expected future financial and operating
results generated from Bucyrus; anticipated benefits and synergies of Bucyrus; and the expected impact of Bucyrus on Finning’s earnings. All such forward-looking statements are made
pursuant to the ‘safe harbour’ provisions of applicable Canadian securities laws.
Unless otherwise indicated by us, forward-looking statements in this report describe Finning’s expectations at January 24, 2013. Except as may be required by Canadian securities laws,
Finning does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Forward-looking statements, by their very nature, are subject to numerous risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results
could differ materially from the expectations expressed in or implied by such forward-looking statements and that Finning’s business outlook, objectives, plans, strategic priorities and other
statements that are not historical facts may not be achieved. As a result, Finning cannot guarantee that any forward-looking statement will materialize. Factors that could cause actual results
or events to differ materially from those expressed in or implied by these forward-looking statements include: general economic and market conditions; foreign exchange rates; commodity
prices; the level of customer confidence and spending, and the demand for, and prices of, Finning’s products and services; Finning’s dependence on the continued market acceptance of
Caterpillar’s products and Caterpillar’s timely supply of parts and equipment; Finning’s ability to continue to improve productivity and operational efficiencies while continuing to maintain
customer service; Finning’s ability to manage cost pressures as growth in revenues occur; Finning’s ability to reduce costs in response to slowing activity levels; Finning’s ability to attract
sufficient skilled labour resources to meet growing product support demand; Finning’s ability to negotiate and renew collective bargaining agreements with satisfactory terms for Finning’s
employees and the Company; the intensity of competitive activity; Finning’s ability to successfully integrate the distribution and support business formerly operated by Bucyrus; Finning’s
ability to raise the capital needed to implement its business plan; regulatory initiatives or proceedings, litigation and changes in laws or regulations; stock market volatility; changes in political
and economic environments for operations; the integrity, reliability, and availability of information technology and the data processed by that technology; expected operational benefits from
the new ERP system. Forward-looking statements are provided in this report for the purpose of giving information about management’s current expectations and plans and allowing investors
and others to get a better understanding of Finning’s operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking statements for any
other purpose.
Forward-looking statements made in this report are based on a number of assumptions that Finning believed were reasonable on the day the Company made the forward-looking statements.
Refer in particular to the Outlook section of the MD&A. Some of the assumptions, risks, and other factors which could cause results to differ materially from those expressed in the forward-
looking statements contained in this report are discussed in the Company’s current Annual Information Form (AIF) in Section 4.
Finning cautions readers that the risks described in the AIF are not the only ones that could impact the Company. Additional risks and uncertainties not currently known to the Company or
that are currently deemed to be immaterial may also have a material adverse effect on Finning’s business, financial condition, or results of operations.
Except as otherwise indicated, forward-looking statements do not reflect the potential impact of any non-recurring or other unusual items or of any dispositions, mergers, acquisitions, other
business combinations or other transactions that may be announced or that may occur after the date hereof. The financial impact of these transactions and non-recurring and other unusual
items can be complex and depends on the facts particular to each of them. Finning therefore cannot describe the expected impact in a meaningful way or in the same way Finning presents
known risks affecting its business.
All amounts in this presentation are in Canadian dollars unless otherwise noted
2
3. Finning International Inc. (TSX:FTT)
Revenue by Region (LTM*)
World’s largest Caterpillar dealer:
New equipment and engines sales UK & Ireland
14%
Used equipment sales
Canada
South America
Products support / parts and service 34%
52%
Equipment rental
Main industries:
Mining (oil sands, copper, coal)
Construction
Power systems
Key statistics:
Market cap ~ $4.5 billion
Revenue (LTM*) = $6.7 billion
15,200 employees
* Last twelve months ended Sep 30, 2012
3
4. Unique Value Proposition
Strong market positions Product Support Revenue
Copper mining in Chile 10 year CAGR ~11%
$ Billions
Oil sands in Canada 3.0
2.7
Investment in product support 2.4
2.5
capacity and capability
2.1
Canada: OEM, COE, 2.0 1.9 1.9
Fort McKay 1.6
1.7
South America: La Negra 1.5
1.3
1.2
Truck Shop and PDC, 1.1
1.0
Antofagasta CRC 1.0
UK & Ireland: Damar
0.5
Resilient product support
business driven by growing 0.0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 LTM*
installed equipment population
Recession
* Last twelve months ended September 30, 2012
4
5. Outlook
Expect constructive business conditions in key markets
Mining to remain active supported by relatively strong oil and
copper prices
Uncertain outlook for equipment sales
Customers becoming more cautious
Expect continued strong demand for product support
Large and aging equipment population
Robust level of equipment utilization
Operating with caution
Taking prudent steps to manage business with more
conservatism
5
6. Revenue Drivers
Product support growth
New products and services
Bucyrus - complete suite of mining products; full year contribution
CAT 795 electric drive truck
UK & Ireland Power Systems - Damar, Komptech
Chile - truck dump bodies
Market share growth
6
7. Driving Value
Operational excellence focus
Supply chain management
Service productivity and profitability
SG&A improvements
Financial priorities
Operating leverage
Sequential EBIT margin expansion
Committed to 9-10%
Sustain strong ROE
Drive return on investments made
ROE target: >18%
Strengthen balance sheet
Grow dividends
7
8. 2013 Financial Outlook
$ Billions Revenue
Revenue 8.0
6.7
5.9
Flat to 10% growth 6.0 5.7 5.6
4.9
4.3 4.5 4.6
over 2012 4.0 3.2
3.6 3.8
10 year CAGR ~ 8% 2.0
Earnings per share 0.0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 LTM*
Earnings to grow at 2.0
$ Basic EPS Recession
higher rate than revenue 1.57
1.76
1.6 1.51
10 year CAGR ~8% 1.32 1.38
1.2 1.06
0.91 0.92
Balance sheet
0.86 0.86
0.8 0.73
Net debt to total capital 0.4
ratio within 35-45% 0.0
by end of 2013 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 LTM*
* Last twelve months ended September 30, 2012
Results from continuing operations 8
9. Summary
Sustainable competitive advantage
Continued focus on operational excellence
Operating with caution
Driving value in slow growth environment
9